How The Parts Add Up: XSHQ Targets $27
May 18, 2017 at 09:09 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the PowerShares S&P SmallCap Quality Portfolio ETF (XSHQ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $27.21 per unit.